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Friday, September 10, 2010

Tremendous Growth in Indian Realty Sector With NRI Real Estate Investment

As per the survey, since last few years Indian Real Estate has been made its position very strong in stock markets. Indian realty sector achieved an average of 30% growth in last year and now India being the fifth largest economy in the world. There are many factors are responsible for that and NRI Real Estate Investment is one of them. We know that due to India’s consistent growing economy, investors are obtaining the benefits with the ongoing wave.

Investors of Indian Real Estate are either NRI (Non Resident Indian) or Indian Origin; however, both want to take the benefit of being Indian or of Indian Origin. Also the Indian government’s recent declaration of reforms/relaxations for such stream of investors influences the NRI real estate investment. Indian is the second largest among emerging nations which has shown a potential growth in investments destination for the NRI population.

Indian government as well as Indian real estate provides special NRI Real Estate quota to NRI population for various land sales to lure more and more foreign investment. NRI dealing services are taken separately by leading banks and financial institutions which include NRE, NRO bank accounts, housing loans and other home loan related products. If you want to find out further details about the NRI investment procedures as well as the help available then please refers bank websites. The real estate bubble is blooming with huge investments from all sides, but NRI investment plays key role for that.

Following are the factors which hare responsible for the attraction of NRI investments in realty sector of India:

- Sale of land for commercial, residential & industrial development.
- Infrastructure support for global realty development.
- Strong support of NRI investments and FDI.
- Clear policies for real estate transactions.
- Liberal rules by GOI and RBI for NRI property and NRI homes investment.
- No limits for acquiring maximum number of properties.
- Easy availability of finance.
- Simpler repayment processes. E.g. normal inward remittances or debit in their NRE or NRO bank account.

The above listed factors have given the sturdy point to Indian real estate market in current market place and they will also provide a potential of touching USD 30 million in the next five years. The returns from the real estate investments have outperformed other investments.

However, easy home loan availability by financial institutions in India, NRI remittances & repatriation procedures and last but not least easy operability of NRE, NRO & NRCS bank accounts has materialized as the best of all the available prospects for the NRI's looking forward to returning to India.

Come Across The India Real Estate - Real Estate In Indian Metros

In this modern time, if you are thinking about to take the step ahead in the best real estate deal, then Indian real estate is the great place. There are many metro cities in India which are leading growth of Real Estate market; however, they also play a key role in creating the real estate jobs. As Indian metros’ property gradually advancing towards the up-swing, you are recommended to drive into the realty business right now.

Actually the flourishing economy has opened opportunities for the realtors to invest their skills as well as money to expand state-of-the-art realty formations. Ranging from commercial centers, mall, residential developments, IT hubs have become common terms in the real estate market. Additionally as per the real estate news the FDI (Foreign direct investment) funds as well as real estate mutual funds boost the expansion of the best real estate.

Following are the few metro cities of India which run the dramatic realty market:

Bangalore real estate: The Silicon Valley of India - Bangalore, is the capital of Karnataka and it is a major economic hub of India. This metro is rich in IT as well as software companies, telecommunication firms and other industries, in educational institutes, research colleges, etc. This has untied avenues for many real estate developers to build commercial and residential and properties across the city.

Chennai real estate: Being one of the four major metropolitan cities in India, Chennai is certainly the evident target for the estate developers. As a being the port city it attracts various leading manufacturing companies as well as real estate developers. Simultaneous residential & commercial developments in the city have resulted in nourishing growth of the city.

Real estate Pune: Compared to the other cities of India, Pune real estate has grown faster to a great level due to popularity with the software industries. The infrastructure of this city is getting better & better and today it is becoming Maharashtra's leading industrial city.

Real estate Hyderabad: Definitely Hyderabad is a growing city accompanied by large number of big projects coming up such as IT parks, star hotels, Hardware parks, Textile parks and many others which leads to the rise of the industry in the city. Foreign as well as local investors are also showing interest in investment in Hyderabad as the city has delivered large number of successful projects from time to time.

Gurgaon real estate: Gurgaon is considered one of the emerging cities in the NCR (National Capital Region). Some of the projects that are developed in Gurgaon are, Orchid Gardens, Vatika City, The Summit, The Pinnacle and the Icon.

New Delhi real estate:  The capital city of the nation perhaps views the uppermost growth of the real estate. Top realtors of India never fail to take proposal in developing commercial as well as residential properties in and around Delhi. Some important realty structures of the region are Exotica, Sushant City, metro mall and more.

Real estate Mumbai: Mumbai is the financial capital of India so it is a viable destination for realty development. This city includes an approximate burgeoning population of 13,830,884 and a paucity of land; and this makes city a dream for a builder. As price is directly related to supply and demand the rate of expansion of real estate in Mumbai far exceeds the national average.

How to Become a good Agent In Growing Real Estate Brokerage

For becoming a goof real estate agent you have to deal with three points, skill that you require, marketing Plan and Lead generation. You have to build a network of industry professionals like title reps and home inspectors that help you better to serve your real estate clients. You should know the ways to use technology in real estate with inclusion of emailing new listings, powerpoint presentations, your website, PDAs, blogs and much more.

Requisites to be good agent:

To be a good agent first of all you have to select the right office for you. Then after determine your needs and develop the professional image as a real estate agent. You should be ready with a list of important questions to ask the office manager or broker. Develop the negotiation ability for commissions and compensation. You should also create a professional portfolio to show the clients.

Steps to create the marketing plans:

- Select the supplies as well as equipment that you will need as a real estate agent
- A checklist of emergency "on the go" supplies to keep with you
-  Ideas to start your real estate training right now through informal learning
- Draw the chart to research your local real estate market
-  Types of sources which offer the formal real estate training that you need, like real estate schools, large franchise real estate offices, real estate boards and online or correspondence training
- Plan how you may be able to get your real estate training paid for
- A list of state and provincial real estate licensing contacts

Generate the lead by following tips:

- Land clients during your time in the real estate office
- Map out and prospect your territory
- Connect with potential buyers or sellers in the community
- Use the Internet to market you and your real estate services
- Create a list of effective advertising "freebies" that remind clients of you
- Convert For Sale By Owner (FSBO) sellers to clients

Some real estate brokerage provides program with activities which are real life situations designed to definitely explain the estate agent with developing business.

Recent Scenario of Indian Real Estate

If we take a look at the latest scenario of real estate sector then Indian real estate market explosion in the real estate property with pragmatic exponential boost in the commercial, residential, retail and recreational properties. All projects have extremely successfully taken the market to new heights.

According to the Indian real estate research, it is believed that currently the real estate market has crossed about 20 million dollar. Institutes like Urban Land Institute and Pricewaterhouse Coopers has accredited that India is the foremost real property investment market in Asia. India real estate also indexed a vivid expansion in the rate of investment. If we look in Chennai real estate, real estate Mumbai, Bangalore real estate, real estate Hyderabad, real estate Pune then all these are believed to be the top most priority of investors. These metro cities have observed a real swift growth as compared to other cities in the country.

However, there are many factors which play a key role in to lead a sudden boom in the realty market. Indian Population is one of factors which eventually built a strong platform for the construction of more and more residential as well as commercial projects. Other factors such as liberalization policies taken by the government, the accumulation of resource capital, increase in concept of nuclear families and rise in the travel and tour industry of the country are also draw real estate companies growth to high level. In the modern time, there are NRIs (Non-Resident Indians) who are investing in the real estate property of the country and this is also adding to the huge capital of the country.

In preface of the Real Estate Investment Trust as well as the Real Estate Mutual Funds along with the cataloging of the Special Economic Zones into realty market are also responsible for boost in real estate companies in India. On the whole, in all conducts and facets the real estate market in India is booming to new heights.

Real Estate - A Great Career Platform

Rapidly increase of demand in both home and commercial properties create the opportunity for companies of the real estate to set up their strong footage in the country and add a new page to their success stories as well. Now real estate becomes the career platform for the candidate having professional diploma or degree in real estate field.

Large level real estate projects were launched in India that meet the demand and also shaped the real estate business into one of the most profitable sectors in the state. As per the survey 75% or more net worth of any individuals are invested in real estate. Real estate venture provides 500% profits over a period of 5 years at numerous places in Gujarat.

In urbanized countries, real estate broking is handled by professionals called “realtors”; however, to be a realtor a person has to pass exam which shows his/her ability of  real estate dealing. Companies stand with many offices over the world help people to transact real estate all over the world.

If you are agent in real estate then you have an opportunity to earn high reward by giving your best performance. For educated youth real estate is the great platform to make a career. There is a constant need for the employees in government agencies as well as in private firms for appraising, merchandising and financing residential, industrial and commercial real estate; and that shows how career growth in real estate. Nowadays, the real estate sector is the second biggest employment generator in India.

Numerous supplementary industries are dependent upon the real estate operations, so you can get career opportunity in this industry via real estate. Job opportunities in real estate can be acquired in the insurance companies, commercial banks, saving associations, consulting firms, real estate developers, mortgage bankers, property management firms and residential as well as industrial brokerage offices.

Youngster with good academic background in real estate field have a great career opportunity in different areas of real estate like as residential brokerage, industrial and office brokerage, property management, land development, real estate appraising, commercial brokerage, urban planning, real estate counseling and real estate research.

Why to Become a Real Estate Agent at RE/MAX ?

If you are thinking of being a real estate agent at RE/MAX then you are going in the right direction because as the growth of RE/MAX is expanding, becoming real estate agent at RE/MAX is really a great career option. In career of real estate agent at RE/MAX you can have the maximum amount of commissions as well as you can get the many benefits of real estate programs and services. 

As a real estate agent at RE/MAX you can enjoy the pride which comes with running one's own business. Becoming real estate agent RE/MAX is like pool of unlimited opportunity for success. In this career you can also have the worry-free vacations.
 
Benefits of real estate agent career at RE/MAX:
 
National advertising and public relations: As RE/MAX is growing more and more there will be wide era of public relations that takes many forms - from charity sponsorships to sports marketing through the world long drive championship and auto racing of real estate.
 
Freedom in advertising: RE/MAX real estate associates contribute in group advertising funds; so you can determine how to invest in your own individual advertising as well as personal promotion.
 
Build a personal sales team: At RE/MAX, you are free to hire licensed or unlicensed assistants, or create a sales team with members specializing in various aspects of the business - all within the overall management framework of the brokerage. So in this way you can build your business to any level you desire.
 
Negotiate commission rates: You can have the flexibility to negotiate commission rates with customers. However, this freedom benefits both you and the customer, especially when specialized properties require innovative marketing.
 
Advanced business training:  RE/MAX provides training which consists of top producer's core need for increasing business without increasing work time.
 
International referral program: Referral program of RE/MAX has proved to be more successful than any other referral system in North America. Full-time quality associates sending leads directly to other full-time quality associates intending to offer better service for customers and extra income for themselves.
 
Experiment and be creative: As a real estate agent with the RE/MAX you can get the vast experience in different new ways of doing business because this type of real estate adapts latest technology to the real estate sales process; however, you can also use your creativity power in innovations of starting field.
 
Get all the advantages of owning a business: You can enjoy the independence of running your own business without the hassle of keeping shared equipment running, handling staff payroll, getting the brokerage bills paid, dealing with business ownership tax issues and meeting other regulations that are among the day-to-day responsibilities of the broker. However, all this arrangement will free you to focus on selling real estate.
 
Control your expenses:  You can have complete control of how much of your income you put back into your business as well as how you allocate business expenses. 

Set and attain your own goals: You can create your own business plans as well as set your own goals; and in this plan no one manager will tell you how many sales you need to make or whether it's appropriate to pursue a particular professional designation.
 
Personal promotion: Enjoy the freedom of unlimited promotion and advertising to generate a continual stream of qualified prospects.
 
Build your real estate portfolio without paying big commissions to the broker: You can keep the maximum gain in portfolio of your selling property without forfeit a big chunk of a commission.
 
Now, with the above listed benefits of real estate agent of RE/MAX you can hassle free direct yourself for real estate agent career at RE/MAX and fulfill your business dreams.